Wendy Edelberg

Wendy Edelberg, a senior fellow at the Brookings Institution, and Alan Blinder, economics professor at Princeton and former Fed vice chair, discuss a DOJ investigation into the Federal Reserve. They explore the implications of this unprecedented action on the Fed's independence and market credibility. Edelberg warns that politicization could lead to regulatory risks, while Blinder describes the alarm among Fed staff. They also delve into how these developments may alter Fed policy and affect small businesses amidst economic uncertainty.

Henry App, a Marketplace reporter specializing in energy markets, discusses the current oil supply dynamics, highlighting high production levels from countries like the U.S. and Brazil amid low demand. Wendy Edelberg, an economist at the Brookings Institution, paints a sobering picture of a no-immigration economy, emphasizing potential declines in job growth and productivity. They also examine Zillow's removal of climate risk data from home listings, the impact of shipping tariffs, and PepsiCo's new dye-free snack options.

Wendy Edelberg, a Senior Fellow at the Brookings Institution specializing in economic policy, joins the discussion to unravel the complexities of labor market data. They examine the impact of political pressure on the Bureau of Labor Statistics and share concerns about the trustworthiness of economic data, drawing parallels with China's practices. The conversation navigates the crucial role of immigration trends and Fed independence in shaping economic growth, all while tackling the challenges posed by fluctuating market conditions and rising interest rates.

Wendy Edelberg, senior fellow and director of The Hamilton Project at Brookings, discusses the positive impact of immigration on the dynamism and fiscal sustainability of the U.S. economy. She also explains her research on the impact immigrants have on local, state, and federal finances. As a whole, immigrants are a net benefit to the U.S. economy, but based largely on immigrants' education levels, the fiscal cost is disproportionately paid by certain state and local areas. Together with co-author Tara Watson, Edelberg proposes a way to redirect some of the federal gains to these communities, piggy-backing on existing programs. Show notes and transcript Dollar & Sense is part of the Brookings Podcast Network. Learn more at brookings.edu/podcasts, and send feedback to podcasts@brookings.edu.

Ben Harris, a former Treasury Chief Economist, and Wendy Edelberg, director at the Hamilton Project, tackle the pressing issue of U.S. federal debt and its potential economic fallout. They discuss the unsustainable growth of debt relative to income and its implications for Social Security, particularly for future retirees facing possible cuts. The conversation highlights the need for bipartisan solutions to ensure fiscal solvency and maintain equitable support for the economy. Tune in for insights on the balance between government spending and the financial security of individuals!